Primco Management (PMCM) 10-Q/A 1 Oct 14 2014 Q2 Quarterly report (amended) Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	6 Months Ended
	Jun. 30, 2014	Sep. 29, 2014
Document and Entity Information:	'	'
Entity Registrant Name	'Primco Management Inc.	'
Document Type	'10-Q	'
Document Period End Date	30-Jun-14	'
Amendment Flag	'false	'
Entity Central Index Key	'0001516522	'
Current Fiscal Year End Date	'--12-31	'
Entity Common Stock, Shares Outstanding	'	4,979,119,725
Entity Public Float	$0	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'Yes	'
Entity Well-known Seasoned Issuer	'No	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'

Primco_Management_Inc_A_Develo

Primco Management Inc. (A Development Stage Company) - Consolidated Balance Sheets (USD $)	Jun. 30, 2014	Dec. 31, 2013
Current Assets	'	'
Cash and cash equivalents	$458,072	$64,771
Accounts receivable, net	20,135	26,026
Inventory, net	70,528	70,528
Advances to related party	71,130	0
Prepaids	0	20,000
Total Current Assets	619,865	181,325
Property and equipment, net	6,427	7,885
Other assets:	'	'
Investment in Suzie Q's NPO	11,076	0
Deposits	5,100	8,714
Total Other Assets	16,176	8,714
TOTAL ASSETS	642,468	197,924
Current Liabilities	'	'
Accounts Payable	92,979	97,979
Accrued liabilities	358,275	301,175
Due to related party	19,348	13,928
Short-term notes payable	630,485	713,000
Short-term convertible debt, net of discount	1,326,317	711,201
Derivative liability	3,180,344	287,071
Total Liabilities	5,607,748	2,124,354
Stockholders' Equity	'	'
Preferred stock, $0.00001 par value, 10,000,000 shares authorized, 7,000,000 shares issued and outstanding, respectively	70	70
Common stock, $0.00001 par value, 4,990,000,000 shares authorized, 4,979,119,725 and 1,873,002,181 shares issued and outstanding, respectively	49,791	18,730
Stock subscription payable	354,362	0
Additional paid-in capital	1,942,818	1,746,083
Accumulated deficit during development stage	-7,312,321	-3,691,313
Total Stockholders' Equity (Deficit)	-4,965,280	-1,926,430
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$642,468	$197,924

Primco_Management_Inc_A_Develo1

Primco Management Inc. (A Development Stage Company) - Consolidated Statements of Operations (USD $)	3 Months Ended		6 Months Ended		45 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014
Income Statement	'	'	'	'	'
Revenues	$1,915	$13,915	$21,155	$13,915	$93,271
Costs of services	320	10,343	592	10,343	44,715
Gross margin	1,595	3,572	20,563	3,572	48,556
Operating Expenses:	'	'	'	'	'
Consulting	134,279	22,500	199,930	22,500	337,430
General and administrative	183,532	10,766	182,425	37,771	566,758
Management salaries	60,000	90,000	120,000	120,000	494,212
Professional fees	5,750	22,609	41,620	22,609	85,480
Total operating expenses	383,561	145,875	543,975	202,880	1,483,880
Loss from operations	-381,966	-142,303	-523,412	-199,308	-1,435,324
Other expenses	'	'	'	'	'
Interest expense	64,117	239,915	61,651	239,915	949,937
Interest expense - derivative	2,853,148	561,058	3,035,945	561,058	4,927,060
Total other expense	2,917,265	800,973	3,097,596	800,973	5,876,997
Net loss before income taxes	-3,299,231	-943,276	-3,621,008	-1,000,281	-7,312,321
Provision for income taxes	0	0	0	0	0
Net loss	($3,299,231)	($943,276)	($3,621,008)	($1,000,281)	($7,312,321)
Net loss per share, basic and diluted	$0	$0	$0	$0	'
Weighted average number of shares outstanding - basic and diluted	4,979,119,715	216,391,693	3,897,081,523	200,738,786	'

Primco_Management_Inc_A_Develo2

Primco Management Inc. (A Development Stage Company) - Consolidated Statements of Cash Flows (USD $)	6 Months Ended		45 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014
Cash flows from operating activities:	'	'	'
Net loss	($3,621,008)	($1,000,281)	($7,312,321)
Adjustments to reconcile net loss to net cash provided by operating activities:	'	'	'
Common stock issued for services	0	0	5,000
Depreciation and amortization	1,458	0	2,985
Interest expense - derivative	2,893,273	1,061,057	3,180,344
Changes in Operating Assets and Liabilities	'	'	'
Decrease (Increase) in accounts receivables	5,891	-4,972	-20,135
Increase in inventory	0	-9,393	-70,528
Decrease (Increase) in deposits	3,614	0	-5,100
Increase in advances to related party	-99,665	25,750	-71,130
Increase (decrease) in accounts payable	-5,000	53,590	92,979
Increase in accrued liabilities	76,448	110,656	377,373
Discount on short-term convertible debt	0	-270,029	0
Net cash proceeds (used) in operating activities	-744,989	-33,622	-3,820,533
Cash flows from investing activities	'	'	'
Purchase of property and equipment	0	0	-9,412
Investment in Suzie Q's NPO	-11,073	0	-11,073
Net cash used in investing activities	-11,073	0	-20,485
Cash flows from financing activities:	'	'	'
Proceeds from convertible notes payable	795,000	79,150	1,554,000
Proceeds from sale of stock	354,363	0	354,363
Additional paid in capital	0	0	2,390,727
Net cash provided by financing activities	1,149,363	79,150	4,299,090
Net (Decrease) Increase in Cash	393,301	45,528	458,072
Cash at Beginning of Period	64,771	91	0
Cash at End of Period	458,072	45,619	458,072
Cash paid during period:	'	'	'
Interest	0	0	0
Franchise and Income Taxes	0	0	0
Non-cash Investing and Financing Activities:	'	'	'
Issuance of short term note payable to purchase intellectual property rights: Music	0	916,350	1,442,402
Issuance of short term note payable to purchase intellectual property rights: Motion Picture	0	0	315,000
Issuance of short term note payable by Sourthridge for S-1 legal fees	$20,000	$0	$20,000

Note_1_Nature_of_Business_and_

Note 1 - Nature of Business and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2014
Notes	'
Note 1 - Nature of Business and Summary of Significant Accounting Policies:	'
	NOTE 1 – NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:
	Nature of operations
	The Company was incorporated on October 14, 2010 under the laws of the state of Delaware. The Company is a real estate management and property development company and, through its wholly-owned subsidiary, Top Sail Productions, LLC, produces and distributes recorded music and intends to co-produce for distribution lower budgeted motion pictures.
	In February, 2014 the Company expanded its operations to include the leasing and property management of facilities for the legal cultivation of medical cannabis, and the acquisition and/or entering into joint ventures with third parties involving the planning, staffing, management and operation of legalized medical marijuana dispensing and cultivation.
	Mergers and Acquisitions
	Effective January 31, 2013, the Company executed a reverse merger with ESMG, Inc. by entering into a stock purchase agreement whereby the Company acquired all of the issued and outstanding stock of ESMG, Inc. as well as the assets, contracts and obligations of ESMG Inc. existing as of that date, through a cashless exchange of stock. ESMG Inc., which was formed in the state of Nevada on October 9, 2012, is a formative multi-media entertainment enterprise with an active music production and distribution division, as well as having a business plan to launch a motion picture and TV production and distribution division; a radio content syndication division and an on-line interactive sports division. Accordingly, as of January 31, 2013, through the acquisition of ESMG Inc., the Company expanded its operations to include entertainment in addition to continuing to offer real estate management and development services.
	On May 30, 2013, the Company completed and funded the acquisition of Top Sail Productions, “Top Sail” a music production company and record label with a multi-year US distribution agreement through WEA, a Warner Music Group Company.  The Company purchased Top Sail from Chuck Gullo, the principal of Top Sail, who will continue as Senior Executive Consultant to assist in the operation of Top Sail and other entertainment entities owned by the Company.  The Company purchased the membership interests in Top Sail for a total of $440,000.  The initial payment was $75,000 and $15,000 worth of the Company’s 5,000,000 restricted common shares. The remaining $350,000 is being paid in installments until June 30, 2016 pursuant to a three year consulting agreement with Mr. Gullo.
	On June 1, 2013 the board of directors entered into an Amendment and Plan of Reorganization with D & B Music, Inc. (previously known as D & B Records, Inc.) a Delaware corporation, in which D & B Music, Inc. merged with and into the Company whereby the Company was the only surviving entity. D & B Music, Inc. has a music catalog of 41 titles. The consideration paid by the company was the assumption by the Company of a promissory note for $242,000 due Pegasus Group, Inc. together with accrued and unpaid interest thereon of $114, 841 and the issuance of 7,000,000 of the Company’s Series A preferred stock and 20,000,000 of the Company’s common stock to the sole shareholder, David Michery, who is the CEO and director of the Company.
	Basis of presentation
	The Company’s consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”).
	The accompanying unaudited quarterly financial statements have been prepared on a basis consistent with generally accepted accounting principles in the United States (“GAAP”) for interim financial information and pursuant to the rules of the Securities and Exchange Commission (“SEC”). In the opinion of management, the accompanying unaudited financial statements reflect all adjustments, consisting of only normal and recurring adjustments, necessary for a fair presentation of the results of operations, financial position and cash flows for the periods presented.  The results of operations for the periods are not necessarily indicative of the results expected for the full year or any future period.  These statements should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2013 as filed with the SEC on April 15, 2014 (the “2013 Annual Report”).
	Development stage enterprise
	The Company is currently a development stage enterprise reporting under the provisions of FASB ASC Topic 915, Development Stage Entity. The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America.
	Use of estimates
	The preparation of the accompanying financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that directly affect the results of reported assets, liabilities, revenue, and expenses. Actual results may differ from these estimates.
	Revenue recognition
	The Company follows paragraph 605-10-S99-1 of the FASB Accounting Standards Codification for revenue recognition.  The Company will recognize revenue when it is realized or realizable and earned.  The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the product has been shipped or the services have been rendered to the customer, (iii) the sales price is fixed or determinable, and (iv) collectability is reasonably assured.
	Research and development
	The Company records research and development expense as incurred.
	Net loss per common share
	The Company adopted FASB ASC Topic 260, Earnings Per Share. Basic earnings per share is based on the weighted effect of all common shares issued and outstanding and is calculated by dividing net income (loss) available to common stockholders by the weighted average shares outstanding during the period. Diluted earnings per share is calculated by dividing net income available to common stockholders by the weighted average number of common shares used in the basic earnings per share calculation plus the number of common shares, if any, that would be issued assuming conversion of all potentially dilutive securities outstanding. For all periods diluted earnings per share is not presented, as potentially issuable securities are anti-dilutive.
	There are 1,339,288,217 potentially dilutive shares of common stock outstanding as of June 30, 2014 which derive from our outstanding convertible promissory notes.
	Income taxes
	Income tax expense is based on pretax financial accounting income. Deferred tax assets and liabilities are recognized for the expected tax consequences of temporary differences between the tax bases of assets and liabilities and their reported amounts. Financial Accounting Standards Board Accounting Standards Codification ASC 740, “ Income Tax ,” requires the recognition of the impact of a tax position in the financial statements only if that position is more likely than not of being sustained on a tax return upon examination by the relevant taxing authority, based on the technical merits of the position.
	At June 30, 2014 and December 31, 2013, the Company had no unrecognized tax benefits. The Company recognizes interest and penalties related to income tax matters in interest expense and operating expenses, respectively. As of June 30, 2014 and December 31, 2013, the Company had no accrued interest or penalties related to uncertain tax positions.
	Concentration of cash
	The Company maintains cash balances at a bank where amounts on deposit may exceed $250,000 throughout the year.  Accounts at the institution are insured by the Federal Deposit Insurance Corporation up to $250,000.  The Company has not experienced losses in such accounts and believes it is not exposed to any significant credit risk on cash.
	Recent accounting pronouncements
	The Company does not believe recently issued accounting pronouncements will have any material impact on its financial position, results of operations or cash flows.

Note_2_Going_Concern

Note 2 - Going Concern	6 Months Ended
	Jun. 30, 2014
Notes	'
Note 2 - Going Concern	'
	NOTE 2 – GOING CONCERN
	The Company is a development stage company and the management of the Company has devoted substantially all of its efforts to locating real estate properties for development and constriction and to the production and/or distribution of recorded music from the music artists it has developed and from the music catalogs that it has acquired. The Company expects operating costs to continue to exceed funds generated from operations until significant revenues are generated from its operations and from new financing sources.
	The Company had only generated minimal revenues from its operations through June 30, 2014 mainly due to the unsuccessful and disappointing sale of recorded music from the music artists it has under contract. As a result, the Company expects to continue to incur operating losses in the near term, and the operations in the near future are expected to continue to require working capital. The ability of the Company to continue as a going concern is in turn dependent on its ability to raise capital to meet its operating requirements.
	The Company’s independent auditors, in their report on the financial statements for the years ended December 31, 2013 and 2012, expressed substantial doubt about the Company’s ability to continue as a going concern. The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplate continuation of the Company as a going concern. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that could result from the outcome of this uncertainty.

Note_3_Reverse_Merger_With_ESM

Note 3 - Reverse Merger With ESMG, Inc.	6 Months Ended
	Jun. 30, 2014
Notes	'
Note 3 - Reverse Merger With ESMG, Inc.	'
	NOTE 3 – REVERSE MERGER WITH ESMG, INC.
	On January 31, 2013, the Company executed a stock purchase agreement with ESMG, Inc. whereby the Company’s majority stockholder sold 155,200,000 shares of common stock (approx. 86.52% of the issued and outstanding) in exchange for all of the issued and outstanding stock of ESMG, Inc.  On the date of the stock purchase agreement, ESMG, Inc. had an asset balance of $1,050,750 which consisted entirely of intangible assets related to music and picture rights and a liabilities balance of $1,050,750 which was made up of $1,025,000 in current notes payable and $25,750 in accounts payable. Management deemed it too costly to have the $1,050,750 of intangible assets appraised at fair value and therefore wrote the intangible assets down to zero with the offsetting entry to additional paid in capital.
	Intellectual Property - Music
	Through the acquisition of ESMG, Inc., the Company acquired the intangible assets of ESMG, Inc. which included the intellectual property rights to produce and/or co-produce original recorded music, and subsequent production and marketing costs, for the worldwide distribution of the following artists:
	Artist
	Jesse Scott
	V.I.C.
	Hurricane Chris
	Tion Phipps
	Choo Biggz
	Bruce-E-Bee
	Downtown Attraction
	Kamp Hustle
	Bungle Knot Dred
	Other various Hip Hop catalog artists
	Intellectual Property - Picture
	Through the acquisition of ESMG, Inc., the Company acquired the motion picture rights to co-produce with Gorilla Pictures  the right to distribute worldwide the animated motion picture  “Bigfoot’s Big Halloween Adventures” (the sequel to “The Legend of Sasquatch’). Management did not record an intellectual property asset with regards to the acquisition of ESMG, Inc. due to the lack of evidence to support a current valuation of the music and picture rights. The Company did not have an independent valuation of the intangible assets acquired.  Management has reclassified the intangible assets upon acquisition to additional paid in capital due to the uncertain nature of future returns from the intellectual property assets. To date, the Company has generated minimal revenues from the music property rights.

Note_4_Acquisition_of_Db_Music

Note 4 - Acquisition of D&b Music Inc. & Top Sail Productions, Llc	6 Months Ended
	Jun. 30, 2014
Notes	'
Note 4 - Acquisition of D&b Music Inc. & Top Sail Productions, Llc	'
	NOTE  4 - ACQUISITION OF D&B MUSIC INC. & TOP SAIL PRODUCTIONS, LLC
	D & B MUSIC, INC.
	On June 30, 2013, the Company entered into an asset purchase agreement with D & B Music, Inc. (formerly D & B Records, Inc.) which has the worldwide rights to reproduce and distribute 41 fully produced titles.
	The sole shareholder of D & B Music, Inc at the time of asset purchase agreement was David Michery, the Company’s CEO and President. The Company did not record an intangible asset on this acquisition because the transaction was consumed between related parties. The Company did not have an independent valuation of the assets acquired. The cost to acquire D & B Music, Inc. was the assumption of $357,111 in liabilities as well as the par value of stock issued as noted in part (b) below.  Liabilities assumed
	The cost of $357,111 represents:
	(a)        the assumption by the Company of a promissory note, originally dated February 1, 2009, payable in the amount of $242,000 to Pegasus Group, Inc., together with the assumption of accrued and unpaid interest thereon through June 30, 2013 of $114,841, for total consideration of $ 356,841 to acquire D & B Music, Inc.; plus
	(b)        $ 270 par value of 7,000,000 preferred shares and 20,000,000 common shares issued to David Michery for the right to access and duplicate the recording masters associated with both the D & B Music catalog  and  David Michery’s own music catalog , for exploitation by ESMG and distribution  through WEA/Warner Music Group.
	The Company has begun to compile and re-release albums of artists comprised in both music catalogs. Interest continues to accrue at the rate of 10% on the balance of principal due to Pegasus Group, Inc.,
	Top Sail Productions, LLC
	On May 30, 2013, the Company completed and funded the acquisition of Top Sail Productions, “Top Sail” a music production company and record label with a multi-year US distribution agreement through WEA, a Warner Music Group Company.  The Company purchased Top Sail from Chuck Gullo, the principal of Top Sail, who will continue as Senior Executive Consultant to assist in the operation of Top Sail and other entertainment entities owned by the Company.  The Company purchased the membership interests in Top Sail for a total of $440,000.  The initial payment was $75,000 cash and 5,000,000 restricted common shares in the Company. The remaining $350,000 balance is being paid in installments until June 30, 2016.

Note_5_Accounts_Receivable_and

Note 5 - Accounts Receivable and Inventory	6 Months Ended
	Jun. 30, 2014
Notes	'
Note 5 - Accounts Receivable and Inventory	'
	NOTE 5 - ACCOUNTS RECEIVABLE AND INVENTORY
	Accounts receivable represents the net amount due from WEA/Warner Music Group from the sale of Top Sale Productions’ music CDs, and ESMG’s digital music releases. As of June 30, 2014 and December 31, 2013, the Company had accounts receivable balances of $20,135 and $0.
	Inventory represents the finished cost of Top Sail Productions’ music CDs (including prepaid royalties to music artists) available for resale to consumers, less a reserve for defective CDs of $3,729. As of June 30, 2014 and December 31, 2013, the Company had net inventory balances of $70,528.

Note_6_Prepaid_Expenses

Note 6 - Prepaid Expenses	6 Months Ended
	Jun. 30, 2014
Notes	'
Note 6 - Prepaid Expenses	'
	NOTE 6 – PREPAID EXPENSES
	In early May of 2014, the Company began to proceed to terminate the Equity Purchase Agreement with Southridge Partners II, LLC (Southridge”) on September 30, 2013. As previously disclosed in the Form 10-K financials and footnotes, the Company recorded a prepaid expense in the amount of $135,000 for fees incurred with Southridge Partners II, LLC in connection with the Equity Purchase Agreement entered into by the Company whereby Southridge has undertaken to purchase up to $ 10 million of the Company’s issued common stock over a 24 month period at a rate equal to 90% of the Company’s trading price during the applicable period prior to drawdown. The Company’s obligation to Southridge for their fee and legal costs was evidenced partly through a promissory note for $100,000 due June, 2014 and partly through a convertible note for $35,000 maturing August 20, 2014.  Under the terms of this Agreement, the Company is required to register an S-1 for the authority to issue registered common shares, which it plans to do so by the end of second quarter 2014.
	As of the date of this filing, Southridge Partners II, LLC only advanced $20,000 to lawyers pursuant to this agreement. Furthermore, the Company is in the process of terminating the Equity Purchase Agreement with Southridge. The Company has restated its financial statements as of December 31, 2013 to write off $115,000 of prepaid expenses against $35,000 in convertible notes payable and $80,000 in promissory notes payable to Southridge Partners II, LLC.

Note_7_Fixed_Assets_Property_E

Note 7 - Fixed Assets: Property & Equipment	6 Months Ended
	Jun. 30, 2014
Notes	'
Note 7 - Fixed Assets: Property & Equipment	'
	NOTE 7 – FIXED ASSETS: PROPERTY & EQUIPMENT
	Property and equipment consists of the following at June 30, 2014 and December 31, 2013:
		30-Jun-14	31-Dec-13
	Property and equipment, net	$9,412	$9,412
	Less: accumulated depreciation	2,985	1,527
	Property and equipment, net	$6,427	$7,885
	Depreciation expense for the six months ended June 30, 2014 and 2013 was $1,458 and $0.

Note_8_Accrued_Liabilities

Note 8 - Accrued Liabilities	6 Months Ended
	Jun. 30, 2014
Notes	'
Note 8 - Accrued Liabilities	'
	NOTE 8 - ACCRUED LIABILITIES
	Accrued liabilities at June 30, 2014 and December 31, 2013 represent the following:
		30-Jun-13	31-Dec-13
	Accrued interest: D & B Music, Inc. (See Note 6)	$      150,828	$    134,805
	Other accrued interest on short-term debt	86,063	40,658
	Accrued management compensation due CEO and CFO	121,384	125,712
	Total accrued liabilities	$       358,275	$   301,175
	As of June 30, 2014 and December 31, 2013, the Company had an accrued salary liability to its CEO, David Michery, in the amount of $91,980 and $83,808.  As of June 30, 2014 and December 31, 2013, the Company had an accrued salary liability to its former CFO, Alan Bailey, in the amount of $29,404 and $41,904.

Note_9_Commitments_Contingenci

Note 9 - Commitments & Contingencies	6 Months Ended
	Jun. 30, 2014
Notes	'
Note 9 - Commitments & Contingencies	'
	NOTE 9 – COMMITMENTS & CONTINGENCIES
	Joint Venture Agreement with CanMed Ventures, Inc.
	On February 23, 2014, the Company entered into a Joint Venture Agreement with CanMed Ventures, Inc., a British Columbia company, to build and operate a 30,000 square foot cultivation facility for the production of medical marijuana, whereby the Company will own 100% of the building, land and equipment and has granted CanMED a 10-year management contract for the operation of the Joint Venture.
	As of June 30, 2014, the Company has not made any payments or advanced any assets pursuant to the joint venture agreement with CanMEd.
	Legal Status of Marijuana Industry in Canada
	Recently, there was a Federal Court action which was commenced by 2 licensed medical marijuana patients. They won an injunction to block the new regulations from ending their right to grow marijuana or to have a designated grower. Health Canada is preparing an appeal of the injunction to have it set aside. Or the issue will go to trial within an estimated 4 to 5 months. This led to a temporary halt on growers like our proposed deal with Health Canada, The injunction did not prevent the introduction of the new regulations on April 1st. Now there are 12 to 14 “Licensed Producers” (LP) in Canada supplying medical marijuana to the market. There are some 350 LP applications being processed by Health Canada at this time. So for now we have in Canada both the old regulations and the new regulations in effect.
	Legal experts have speculated that there is a 90% likelihood of the injunction being overturned. The problem with the old regulations is that people are allowed to grow in their homes or hire someone to grow in their homes without adequate fire and security measures. Most “growers” are also sources for the illegal market. So the legal right issue is more about affordability than about the right to grow and Health Canada has the legal authority to regulate this market.
	All current LP are impacted by the injunction. Instead of having a 40,000 customer pool to themselves, they must compete against the “old” system until the court decision is made. These circumstances give our Joint Venture the opportunity to capture market share that would have gone elsewhere but for the injunction. In addition, these circumstances require a re-evaluation of market strategy and tactics as follows:
	•           Configure CanMED’s operations to grow and sell marijuana under both the old and the new regulations with a strong focus upon customer acquisition.
	•           Look to acquire suitable land and prepare to file Health Canada license application or make agreement with company that has already filed and is well advanced in the process.
	•           Make agreements with existing growers who operate under the old regulations to acquire their customers. This would bring revenues within 60 to 90 days.
	Office lease
	In late 2013, the Company cancelled its lease at 6725 Sunset Boulevard, Suite 420, Hollywood, CA 90028. Subsequently after cancelling the lease, an officer of the Company executed two leases for adjoining commercial office buildings in Orange County, CA where the Company will house ESMG’s music and motion picture operations as well as Top Sail Production operations. The first lease executed on October 24, 2013 is for three year with fixed payment terms of $1,750 a month. The second lease executed on June 13, 2014 is for five years with variable payment terms. The lease payments are $1,750 a month until August 31, 2014. The monthly lease payments then increase September 1, 2014 through June 14, 2015 to $3,500.  The monthly lease payments then increase June 15, 2014 through June 14, 2016 to $4,000. The monthly lease payments then increase June 15, 2016 through June 14, 2017 to $4,120. The monthly lease payments then increase June 15, 2017 through June 14, 2018 to $4,243. The monthly lease payments then increase June 15, 2018 through June 14, 2019 to $4,370. Both leases were originally executed in the name of an officer of the Company. In July of 2014, the Company was assigned the lease from the respective officer of the Company.
	Minimum future rental payments under the agreement are as follows:
	2014 - $28,000
	2015 - $66,000
	2016 - $66,720

Note_10_Related_Party_Transact

Note 10 - Related Party Transactions	6 Months Ended
	Jun. 30, 2014
Notes	'
Note 10 - Related Party Transactions	'
	NOTE 10 – RELATED PARTY TRANSACTIONS
	Due to/from related party
	From time to time, the Company will advance money to and from an affiliated company at zero interest, payable on demand.  The amount due to an affiliated company represents the balance due to Michery Inc., a private company owned by our CEO, David Michery.  As of June 30, 2014 and December 31, 2013, the Company had a due to related party balance of $19,348 and $13,928.
	Merger of D & B Music, Inc.
	As explained in Note 7, D & B Music, Inc. (formerly D & B Records, Inc.) merged with the Company on June 1, 2013. D & B Music, Inc. has the worldwide right to reproduce and distribute 41 fully produced titles. At the time of merger, the sole owner of D & B Music, Inc. was David Michery, our CEO. As a component of the merger, David Michery received 7,000,000 preferred shares and 20,000,000 common shares of the Company.
	Employment agreements
	On February 7, 2013, the Company executed an employment agreement with its CEO, David Michery and its CFO, Alan Bailey. The employment agreement with Mr. Michery is for two years with an annual salary of $240,000 with no bonus or stock options. The employment agreement with Mr. Bailey is for two years with an annual salary of $120,000 with no bonus or stock options. On February 14, 2014, Mr. Bailey resigned as CFO of the Company so therefore his employment agreement was terminated.  As of June 30, 2014 and December 31, 2013, the Company had an accrued salary liability to its CEO, David Michery, in the amount of $91,980 and $83,808.  As of June 30, 2014 and December 31, 2013, the Company had an Alan Bailey accrued salary liability to its former CFO, Alan Bailey, in the amount of $29,404 and $41,904.  In the six months ended June 30, 2014, the Company actually paid $111,828 in cash payments to Mr. Michery pursuant to his salary agreement. In the six months ended June 30, 2014, the Company actually paid $12,500 in cash payments to Mr. Bailey pursuant to his outstanding salary liability.

Note_11_Short_Term_Debt

Note 11 - Short Term Debt	6 Months Ended
	Jun. 30, 2014
Notes	'
Note 11 - Short Term Debt	'
	NOTE 11 – SHORT TERM DEBT
	On November 25, 2013, Magna Funds, LLC entered into a debt purchase agreement with GAGG, Inc. for the purchase and assignment of $50,000 in principle of that certain promissory note to GAGG, Inc. in the original amount of $250,000 dated May 21, 2013. On the same date, the Company then entered into a convertible debenture with Magna Funds, LLC for that $50,000 of debt assigned. As of June 30, 2014, Magna Funds, LLC converted $50,000 of principle into 909,545,456 unrestricted common shares of the Company.
	On December 30, 2013, Magna Funds, LLC entered into a debt purchase agreement with GAGG, Inc. for the purchase and assignment of $50,000 in principle of that certain promissory note to GAGG, Inc. in the original amount of $250,000 dated May 21, 2013. On the same date, the Company then entered into a convertible debenture with Magna Funds, LLC for that $50,000 of debt assigned. As of June 30, 2014, Magna Funds, LLC converted $14,450 of principle into 87,578,384 unrestricted common shares of the Company.
	On January 13, 2014, Sherry Harden entered into a debt purchase agreement with Pegasus Capital, Inc. for a $5,000 portion of the promissory note originally in the amount of $242,000 dated February 1, 2009. On the same date, the Company then entered into convertible debenture for that $5,000 portion of debt assigned to Mrs. Harden through the debt purchase agreement. As of June 30, 2014, Mrs. Harden converted $5,000 of principle into 100,000,000 unrestricted common shares of the Company.
	On January 13, 2014, SFH Capital, LLC entered into a debt purchase agreement with Pegasus Capital, Inc. for a $5,000 portion of the promissory note originally in the amount of $242,000 dated February 1, 2009. On the same date, the Company then entered into convertible debenture for that $5,000 portion of debt assigned to SFH Captial, LLC. As of June 30, 2014, SFH Capital, LLC converted $5,000 of principle into 100,000,000 unrestricted common shares of the Company.
	On February 13, 2014, SFH Capital, LLC entered into a debt purchase agreement with Pegasus Capital, Inc. for a $22,515 portion of the promissory note originally in the amount of $242,000 dated February 1, 2009. On the same date, the Company then entered into convertible debenture for that $22,515 portion of debt assigned to SFH Captial, LLC. As of June 30, 2014, SFH Capital, LLC converted $22,515 of principle into 125,000,000 unrestricted common shares of the Company.
	On February 28, 2014, SFH Capital, LLC entered into a debt purchase agreement with Pegasus Capital, Inc. for a $90,000 portion of the promissory note originally in the amount of $242,000 dated February 1, 2009. On the same date, the Company then entered into convertible debenture for that $90,000 portion of debt assigned to SFH Captial, LLC. As of June 30, 2014, SFH Capital, LLC converted $27,515 of principle into 225,000,000 unrestricted common shares of the Company.
	Short-term debt at June 30, 2014 and December 31, 2013 represents the following:
		30-Jun-14	31-Dec-13
	Balance of Promissory Note due GGAG, Inc.	$150,000	$200,000
	Balance of Promissory Note due Pegasus Group, Inc.	195,485	228,000
	Promissory Note due Southridge Partners II, LLC	20,000	100,000
	Balance of  Promissory Note due Gorilla Pictures	265,000	265,000
	Total Notes Due	$630,485	$793,000

Note_12_Shortterm_Convertible_

Note 12 - Short-term Convertible Debt and Derivative Liability	6 Months Ended
	Jun. 30, 2014
Notes	'
Note 12 - Short-term Convertible Debt and Derivative Liability	'
	NOTE 12 - SHORT-TERM CONVERTIBLE DEBT AND DERIVATIVE LIABILITY
	From time-to-time, the Company enters into convertible note agreements whereby the conversion feature is required to be bifurcated out as a derivative liability.  Upon conversion of all or a portion of the convertible note, the derivative liability associated with the principal and interest converted is valued immediately before conversion using the Black-Scholes model. The change in fair value of the derivative liability associated with the principal and interest converted was recorded as a gain/loss on fair value of derivative liability in the accompanying statement of operations, with the remaining value of that portion of the derivative liability written off with a corresponding credit to additional paid-in capital.
	LG Capital
	On April 1, 2014, the Company issued a convertible note of $100,000 to LG Capital Funding, LLC. Under the terms of the note, the Company is to repay any principal balance and interest, at 8% per annum at the maturity date of April 1, 2015.  The Company may prepay the convertible promissory note prior to maturity at varying prepayment penalty rates specified under the agreement. The convertible promissory note is convertible into shares of the Company’s common stock any time after the issuance of the convertible note. The conversion price is calculated by multiplying 50% (50% discount) by the lowest trading prices anytime during the five (5) trading days prior to the conversion date.  The conversion feature is considered a derivative liability as the conversion feature is variable with no floor as to the number of common shares which could be converted.  As of June 30, 2014, LG Capital Funding, LLC has not converted any debt.
	Inter-Mountain Capital Corp.
	On April 21, 2014, the Company executed a secured convertible promissory note and securities purchase agreement with Inter-Mountain Capital Corp.  The note is personally secured by an officer of the Company. The convertible promissory note is in the amount up to $2,207,500, accrues interest at 9% per annum, and is payable by March 21, 2016. The note is convertible into common shares of the Company at a conversion rate fixed at $0.0075 per share. As of June 30, 2014, Inter-Mountain Capital Corp. has funded the Company $500,000.
	Adar Bays, LLC
	On May 27, 2014, the Company issued a convertible note of $75,000 to Adar Bays, LLC. Under the terms of the note, the Company is to repay any principal balance and interest, at 8% per annum at the maturity date of May 27, 2015.  The Company may prepay the convertible promissory note prior to maturity at varying prepayment penalty rates specified under the agreement. The convertible promissory note is convertible into shares of the Company’s common stock any time after the issuance of the convertible note. The conversion price is calculated by multiplying 50% (50% discount) by the lowest trading prices anytime during the five (5) trading days prior to the conversion date.  The conversion feature is considered a derivative liability as the conversion feature is variable with no floor as to the number of common shares which could be converted.  As of June 30, 2014, Adar Bays, LLC has not converted any debt.
	SFH Capital, LLC
	On June 27, 2014, the Company executed a convertible promissory note with SFH Capital, LLC in the amount of $50,000 bearing interest of 10% per annum and maturing on June 27, 2015. The $50,000 was wired directly to WHC Capital, LLC whom is another note holder of the Company. The convertible promissory note is convertible into shares of the Company’s common stock any time after the issuance of the convertible note. The conversion price is calculated by multiplying 50% (50% discount) by the lowest trading prices anytime during the ten () trading days prior to the conversion date.  The conversion feature is considered a derivative liability as the conversion feature is variable with no floor as to the number of common shares which could be converted.  As of June 30, 2014, SFH Capital, LLC has not converted any debt.
	Short –term convertible debt at June 30, 2014 and December 31, 2013 represents the following:
	Convertible Debt Due	Original Principal	Reduction through conversion to stock as of June 30, 2014	Reduction through cash payment as of June 30, 2014	Balance at June 30, 2014	Balance at December 31, 2013
	Asher Enterprises, Inc.	$220,500	($120,500)	($100,000)	$            -	$125,000
	Magna Group, Inc./ Hanover Holdings	272,500	-241,750	-	30,750	45,000
	Redwood Management, LLC	200,000	-200,000	-	-	-
	Redwood Fund II, LLC	150,000	-69,689	-	80,311	119,664
	WHC Capital, LLC	800,000	-319,744	-100,000	380,256	500,000
	LG Capital	150,000	-	-	150,000	-
	Elegant Funding	20,000	-	-	20,000	-
	Fourth Street Fund LP	50,000	-10,000	-	40,000	50,000
	SFH Capital, LLC	50,000	-	-	50,000	-
	Inter-Mountain Corp.	500,000	-	-	500,000	-
	Adar Bay, LLC	75,000	-	-	75,000	-
	Less: Discounts	-	-	-	-	-128,463
	Total	$2,488,000	($961,683)	($200,000)	$1,326,317	$711,201
	Nature of Derivative Liability
	From time-to-time, the Company enters into convertible note agreements whereby the conversion feature is required to be bifurcated out as a derivative liability.
	The derivative liability at June 30, 2014 and December 31, 2013 related to the following convertible notes,
		30-Jun-14	31-Dec-13
	Magna Group, Inc.	$   2,559	$  45,166
	Redwood Fund II, LLC	240,381	145,773
	Southridge Partners II, LLC	-	25,998
	WHC Capital, LLC	702,209	70,134
	LG Capital	294,638	-
	Elegant Funding	3,839	-
	Fourth Street Funding	13,210	-
	Inter-Mountain Capital Corp.	1,725,605	-
	Adar Bays, LLC	113,343	-
	SFH Capital, LLC	84,560	-
	Total convertible notes	$3,180,344	$287,071
	The following is the range of variables used in revaluing the derivative liabilities at June 30, 2014 and December 31, 2013:
	Annual dividend yield	0
	Expected life (years) of	0.08 - 1.43
	Risk-free interest rate	0.02 - 0.17%
	Expected volatility	170.8 - 400.9%

Note_13_Stockholders_Equity

Note 13 - Stockholders Equity	6 Months Ended
	Jun. 30, 2014
Notes	'
Note 13 - Stockholders Equity	'
	NOTE 13 – STOCKHOLDERS EQUITY
	Authorized Preferred Stock
	On August 6, 2013, the Company filed a Certificate of Designation with the State of Delaware to create and issue a series of 10,000,000 preferred stock to be designated the “Series A Preferred Stock” .These shares rank senior to the common stock with respect to distributions or payments in the event of any liquidation, dissolution, or winding up of the Company.
	On August 6, 2013, the registrant filed a Certificate of Designation with the State of Delaware to create and issue a series of preferred stock to be designated the “Series A Preferred Stock” by adding the following subsections to Article IV:
	- There are Ten Million (10,000,000) Series A Preferred Shares with a par value of $0.001.
	-These shares rank senior to the common stock with respect to distributions or payments in the event of any liquidation, dissolution, or winding up of the registrant.
	- These shares are not entitled to receive any cash dividends.
	- After twelve months, each Series A Preferred Share will be convertible at the option of the holder into one hundred (100) common shares.  This conversion ratio will be adjusted to account for stock splits and other, similar changes in the capital structure of the registrant.
	- These shares are not entitled to any preemptive rights to purchase stock in any future stock offerings.
	- Each Series A Preferred Share shall be entitled to one thousand (1,000) votes per share at any meeting of the stockholders or to participate in any action taken by the registrant or the stockholders thereof, or to receive any notice of any meeting of stockholders.
	Preferred Stock Issuances
	On June 1, 2013 the board of directors entered into an Amendment and Plan of Reorganization with D & B Music, Inc. (previously known as D & B Records, Inc.) a Delaware corporation, in which D & B Music, Inc. merged with and into the Company. D & B Music, Inc, has a music catalog of 41 titles. The consideration paid by the company was the assumption by the Company of a promissory note for $242,000 due Pegasus Group, Inc. together with accrued and unpaid interest thereon of $114, 841 and the issuance of 7,000,000 of the Company’s Series A preferred stock and 20,000,000 of the Company’s common stock to the sole shareholder of D & B Music, Inc., David Michery, who is also CEO and director of the Company.
	As of June 30, 2014 and December 31, 2013 the Company has 7,000,000 shares of preferred stock outstanding.
	Authorized Common Stock
	On June 10, 2013, the Company’s board of directors adopted a resolution approving an amendment to the Articles of Incorporation increasing the authorized common shares from 500,000,000 par value $0.001 to 2,000,000,000 par value $0.00001 and to designate 10,000,000 preferred shares, par value $0.00001, to be issued from time to time in one or more series as determined by the board of directors, with the balance being designated as 1,990,000,000 common shares.
	On August 19, 2013, the Company’s board of directors adopted a resolution approving an amendment to the Articles of Incorporation increasing the authorized shares from 2,000,000,000 par value $0.00001 to 5,000,000,000 par value $0.00001 , with 10,000,000 preferred shares, par value $0.00001 and 4,990,000,000 common shares, par value $0.00001, to be issued from time to time in one or more series as determined by the board of directors.
	On February 13, 2014, the board of directors of the Company adopted a resolution approving an amendment to our Articles of Incorporation increasing the authorized common shares from 5,000,000,000 common shares, par value $0.00001 to 9,000,000,000 common shares, par value $0.00001. The effectuating of this corporate action will not be filed with the Secretary of State for the State of Delaware, until twenty (20) days after the date of a Definitive Information Statement is filed with the Securities and Exchange Commission.
	Common Stock Issuances
	In the year ended December 31, 2013, the Company issued 1,798,090,181 shares of common stock of which 5,000,000 shares were for the purchase of Top Sail Productions, LLC as a wholly owned subsidiary, 20,000,000 shares were for the acquisition of D&B Music and 1,663,090,181 shares were for the reduction of $824,640 in convertible debt.
	In the six months ended June 30, 2014, the Company issued 3,241,997,544 shares of common stock for the reduction of $191,171 in convertible debt. The Company also temporarily canceled 135,880,000 shares to its CEO David Michery to allow the Company to issue additional shares to other parties because it reached its maximum authorized shares. The Company is currently in the process of increasing its authorized shares.
	Stock Subscription Payable
	In the six months ended June 30, 2014, the Company sold stock purchase agreements for 400,790,341 common shares for $354,363 cash. The Company does not have the authorized shares available to issue these shares and therefore has recorded them as a stock subscription payable. Reference “Authorized Common Stock” above for information regarding increase in authorized common shares.

Note_14_Subsequent_Events

Note 14 - Subsequent Events	6 Months Ended
	Jun. 30, 2014
Notes	'
Note 14 - Subsequent Events	'
	NOTE 14 – SUBSEQUENT EVENTS
	Management has evaluated subsequent events pursuant to the requirements of ASC Topic 855 and has determined that other than listed below, no other material subsequent events exist.
	1.         On July 19, 2014, the Company entered into a letter agreement with DTRB Management Inc. d/b/a Casico, a Delaware corporation operating in the State of Michigan. The letter sets forth terms to develop one or more properties and establish a medical marijuana grow-room rental facilities and dispensaries in the State of Michigan. The company will use reasonable commercial efforts to secure $350,000 in funding to develop the properties.
	2.         On July 22, 2014, the Company executed an amendment to the Asset Purchase Agreement with Jessica Vance, the owner of Suzie Q’s NPO, dated March 7, 2014. The assets purchases consist of permits and licenses issued by the City of Seattle for the cultivation and sale of medical cannabis as well as all the necessary equipment and furniture to operate the business. The Company paid $20,000 for the purchase of Suzie Q’s NPO.
	3.         On July 22, 2014, the Company executed a consulting agreement with Jessica Vance whereby the Company will pay Ms. Vance a signing bonus of $80,000 within 30 days of the executed consulting agreement. The Company will also issue Ms. Vance 25,000,000 restricted common shares and offer a potential performance bonus of up to $50,000 if revenue targets are met within the first 90 days after the Company takes over operations of Suzie Q’s. Ms. Vance will provide operational support services to the Company with respect to the operations of Suzie Q’s NPO.
	4.         In July of 2014, the Company executed a convertible note agreement with Beaufort Capital Partners, LLC in the amount of $100,000, interest of 12% per annum, payable by December 30, 2014 and convertible into common shares of the Company at a 38% discount to market based on the (3) three lowest closing prices within (10) ten days prior to conversion.

Note_15_Restatement_of_June_30

Note 15 - Restatement of June 30, 2014 Financial Statements	6 Months Ended
	Jun. 30, 2014
Notes	'
Note 15 - Restatement of June 30, 2014 Financial Statements	'
	NOTE 15 – RESTATEMENT OF JUNE 30, 2014 FINANCIAL STATEMENTS
	The Company has restated its consolidated balance sheet as of June 30, 2014, its consolidated statement of operations for the three and six months ended June 30, 2014 and from inception (October 14, 2010) to June 30, 2014, its consolidated statement of cash flows for the six months ended June 30, 2014 and from inception (October 14, 2010) to June 30, 2014 to account for additional revenues and costs of revenues earned in the three months ended June 30, 2014.
	The following are previously recorded and restated balances as of June 30, 2014, for the six months ended June 30, 2014 and from inception (October 14, 2010) to June 30, 2014.
	PRIMCO MANAGEMENT, INC.
	(A Development Stage Company)
	CONSOLIDATED BALANCE SHEETS
		As of June 30, 2014
		Originally
		Report	Restated	Difference
	ASSETS
	Current Assets:
	Cash and cash equivalents	$  458,072	$  458,072	$           -
	Accounts receivable, net	20,135	32,633	12,498
	Inventory, net	70,528	70,528	-
	Advances to related party	71,130	71,130	-
	Prepaids	-	-	-
	Total Current Assets	619,865	632,363	12,498
	Property and equipment, net	6,427	6,427	-
	Other Assets:
	Investment in Suzie Q's NPO	11,076	11,076	-
	Deposits	5,100	5,100	-
	Total Other Assets	16,176	16,176	-
	Total Assets	$  642,468	$   654,966	$  12,498
	LIABILITIES AND STOCKHOLDERS' EQUITY
	Current Liabilities:
	Accounts payable	$    92,979	$     92,979	$            -
	Accrued liabilities	358,275	358,275	-
	Due to related party	19,348	19,348	-
	Short-term notes payable	630,485	630,485	-
	Short-term convertible notes payable, net of discounts	1,326,317	1,326,317	-
	Derivative liability	3,180,344	3,180,344	-
	Total Current Liabilities	5,607,748	5,607,748	-
	Total Liabilities	5,607,748	5,607,748	-
	Stockholders' Equity:
	Preferred Stock, $0.00001 par value, 10,000,000 shares authorized,
	7,000,000 shares issued and outstanding, respectively	70	70	-
	Common Stock, $0.00001 par value, 4,990,000,000 shares authorized
	4,979,119,725 and 1,873,002,181 shares issued and outstanding, respectively	49,791	49,791	-
	Stock subscription payable	354,362	354,362	-
	Additional paid in capital	1,942,818	1,942,818	-
	Accumulated deficit during development stage	-7,312,321	-7,299,823	12,498
	Total Stockholders' Equity (Deficit)	-4,965,280	-4,952,782	12,498
	Total Liabilities and Stockholders' Equity	$   642,468	$   654,966	$12,498
	The accompanying notes are an integral part of these unaudited financial statements.
	PRIMCO MANAGEMENT, INC.
	(A Development Stage Company)
	CONSOLIDATED STATEMENTS OF OPERATIONS
	(Unaudited)
		For the Six Months Ended June 30, 2014
		Originally
		Reported	Restated	Difference
	Revenues	$                   21,155	$                   57,114	$            35,959
	Costs of revenues	592	24,053	23,461
	Gross Margin	20,563	33,061	12,498
	Operating Expenses:
	Consulting	199,930	199,930	-
	General and administrative	182,425	182,425	-
	Management salaries	120,000	120,000	-
	Professional fees	41,620	41,620	-
	Total Operating Expenses	543,975	543,975	-
	Loss from Operations	-523,412	-510,914	12,498
	Other Expenses:
	Interest expense	61,651	61,651	-
Interest expense - derivative	3,035,945	3,035,945	-
Total Other Expense	3,097,596	3,097,596	-
Net Loss Before Income Taxes	-3,621,008	-3,608,510	12,498
Provision for Income Taxes	-	-	-
Net Loss	$            (3,621,008)	$            (3,608,510)	$            12,498
Net Loss per Share - Basic and Diluted	$                     (0.00)	$                     (0.00)	$                    -
Weighted average number of shares
outstanding - Basic and Diluted	3,897,081,523	3,897,081,523	-
The accompanying notes are an integral part of these unaudited financial statements.
PRIMCO MANAGEMENT, INC.
(A Development Stage Company)
CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)
	For the Six Months Ended June 30, 2014
	Originally
	Reported	Restated	Difference
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss) for the Period	($3,621,008)	($3,608,510)	$  12,498
Adjustments to reconcile net loss to net cash
provided by operating activities:
Common stock issued for services	-	-	-
Depreciation and amortization	1,458	1,458	-
Interest expense- derivative	2,893,273	2,893,273	-
Changes in Operating Assets and Liabilities
Decrease (Increase) in accounts receivables	5,891	-6,607	-12,498
Increase in inventory	-	-	-
Decrease (Increase) in deposits	3,614	3,614	-
Increase in advances to related party	-99,665	-99,665	-
Increase (decrease) in accounts payable	-5,000	-5,000	-
Increase in accrued liabilities	76,448	76,448	-
Discount on short-term convertible debt	-	-	-
Net Cash Proceeds (Used) in Operating Activities	-744,989	-744,989	-
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of equipment and furniture	-	-	-
Investment in Suzie Q's NPO	-11,073	-11,073	-
Net Cash Used In Investing Activities	-11,073	-11,073	-
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from convertible notes payable	795,000	795,000	-
Proceeds from sale of stock	354,363	354,363	-
Additional paid in capital	-	-	-
Net Cash Provided by Financing Activities	1,149,363	1,149,363	-
Net (Decrease) Increase in Cash	393,301	393,301	-
Cash at Beginning of Period	64,771	64,771	-
Cash at End of Period	$   458,072	$     458,072	-
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during period:
Interest	$              -	$                -	$              -
Franchise and Income Taxes	$              -	$                -	$              -
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Issuance of short term note payable to purchase intellectual property
rights: Music	$            -	$             -	$            -
Issuance of short term note payable to purchase intellectual property
rights: Motion Picture	$            -	$             -	$            -
Issuance of short term note payable by Southridge for S-1 legal fees	$   20,000	$    20,000	$            -
The accompanying notes are an integral part of these unaudited financial statements.

Note_16_Restatement_of_Decembe

Note 16 - Restatement of December 31, 2013 Financial Statements	6 Months Ended
	Jun. 30, 2014
Notes	'
Note 16 - Restatement of December 31, 2013 Financial Statements	'
	NOTE 16 – RESTATEMENT OF DECEMBER 31, 2013 FINANCIAL STATEMENTS
	The Company has restated its consolidated balance sheet as of December 31, 2013, its consolidated statement of operations for the year ended December 31, 2013 and from inception (October 14, 2010) to December 31, 2013, its consolidated statement of cash flows for the year ended December 31, 2013 and from inception (October 14, 2010) to December 31, 2013, and its consolidated statements of stockholders’ equity to account for the following;
	1.         Revaluation of the acquisitions of D&B Music, Inc. and Top Sail Productions, LLC whereby the intangible assets acquired, totaling $1,361,056, are to be reclassified to additional paid in capital.
	2.         To reclassify $115,000 of prepaid expenses against $35,000 in convertible notes payable and $80,000 in promissory notes payable to Southridge Partners II, LLC.
	3.         To reconcile 110,000,000 shares of common stock believed to be issue and outstanding but were never issued by the transfer agency due to lack of authorized shares as of December 31, 2013.
	The following are previously recorded and restated balances as of December 31, 2013, for the year ended December 31, 2013 and from inception (October 14, 2010) to December 31, 2013.
	PRIMCO MANAGEMENT INC.
	(A Development Stage Company)
	CONSOLIDATED BALANCE SHEETS
		31-Dec-13
		Originally
		Reported	Restated	Difference
	ASSETS
	Current Assets:
	Cash and cash equivalents	$    64,771	$   64,771	$                -
	Accounts receivable, net	26,026	26,026	-
	Inventory, net	70,528	70,528	-
	Advances to related party	-	-	-
	Intellectual property rights: Music, net of impairment	688,945	-	688,945
	Intellectual property rights: Motion Picture	315,000	-	315,000
	Prepaids	135,000	20,000	115,000
	Total Current Assets	1,300,270	181,325	1,118,945
	Property and equipment, net	7,885	7,885	-
	Other Assets:
	Music catalog	357,111	-	357,111
	Lease deposit	8,714	8,714	-
	Total Other Assets	365,825	8,714	357,111
	Total Assets	$1,673,980	$  197,924	$  1,476,056
	LIABILITIES AND STOCKHOLDERS' EQUITY
	Current Liabilities:
	Accounts payable	$    97,979	$   97,979	$             -
	Accrued liabilities	301,175	301,175	-
	Due to related party	13,928	13,928	-
	Short-term notes payable	793,000	713,000	80,000
	Short-term convertible notes payable, net of discounts	746,201	711,201	35,000
	Derivative liability	287,071	287,071	-
	Total Current Liabilities	2,239,354	2,124,354	115,000
	Total Liabilities	2,239,354	2,124,354	115,000
	Continued on next page
	PRIMCO MANAGEMENT INC.
	(A Development Stage Company)
	CONSOLIDATED BALANCE SHEETS
	Continued from previous page
	Stockholders' Equity:
	Preferred Stock, $0.00001 par value, 10,000,000 shares authorized,
	7,000,000 shares issued and outstanding, respectively	70	70	-
	Common Stock, $0.00001 par value, 4,990,000,000 shares authorized
	4,979,119,725 and 1,983,002,181 shares issued and outstanding, respectively	19,830	18,730	1,100
	Stock subscription payable	-	-	-
	Additional paid in capital	3,661,496	1,746,083	1,915,413
	Accumulated deficit during development stage	-4,246,770	-3,691,313	-555,457
	Total Stockholders' Equity (Deficit)	-565,374	-1,926,430	1,361,056
	Total Liabilities and Stockholders' Equity	$   1,673,980	$     197,924	$   1,476,056
	The accompanying notes are an integral part of these unaudited financial statements.
	PRIMCO MANAGEMENTS INC.
	(A Development Stage Company)
	CONSOLIDATED STATEMENTS OF OPERATIONS
		For the Year ended			From Inception (Oct 14, 2010)
		31-Dec-13			through December 31, 2013
		Originally			Originally
		Reported	Restated	Difference	Reported	Restated	Difference
	Revenues	$        72,116	$    72,116	$            -	$   72,116	$    72,116	$           -
	Costs of services	44,123	44,123	-	44,123	44,123	-
Gross Margin	27,993	27,993	-	27,993	27,993	-
Operating Expenses:
General and administrative	805,121	703,121	102,000	810,121	708,121	102,000
Reserve for losses on artists contracts	453,457	-	453,457	453,457	-	453,457
Total Operating Expenses	1,258,578	703,121	555,457	1,263,578	708,121	555,457
Loss from Operations	-1,230,585	-675,128	-555,457	-1,235,585	-680,128	555,457
Other Expenses:
Interest expense	888,286	888,286	-	888,286	888,286	-
Interest expense - derivative	1,891,115	1,891,115	-	1,891,115	1,891,115	-
Provision for loss on property develop	38,500	38,500	-	38,500	38,500	-
Total Other Expense	2,817,901	2,817,901	-	2,817,901	2,817,901	-
Net Loss Before Income Taxes	-4,048,486	-3,493,029	-555,457	-4,053,486	-3,498,029	-555,457
Provision for Income Taxes	-	-	-	-	-	-
Net Loss	($4,048,486)	($3,493,029)	($555,457)	($4,053,486)	($3,498,029)	($555,457)
Net Loss per Share - Basic and Diluted	$         (0.00)	$         (0.00)	$      (0.01)
Weighted average number of shares
outstanding - Basic and Diluted	1,983,002,181	1,881,476,718	101,525,463
PRIMCO MANAGEMENTS INC.
(A Development Stage Company)
CONSOLIDATED STATEMENTS OF CASH FLOWS
	For the Year Ended			From Inception (Oct 14, 2010)
	31-Dec-13			through December 31, 2013
	Originally			Originally
	Reported	Restated	Difference	Reported	Restated	Difference
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss) for the Period	-4,048,486	-3,493,029	-555,457	-4,053,486	-3,498,029	-555,457
Adjustments to reconcile net loss to net cash			-
provided by operating activities:			-
Common stock issued for services	-	-	-	5,000	5,000	-
Depreciation and amortization	1,527	1,527	-	1,527	1,527	-
Changes in Operating Assets and Liabilities
Decrease (Increase) in accounts receivables	-26,026	-26,026	-	-26,026	-26,026	-
Increase in inventory	-70,528	-70,528	-	-70,528	-70,528	-
Increase in prepaid expenses	-143,714	-28,714	-115,000	-143,714	-28,714	-115,000
Increase in advances to related party	13,928	13,928	-	13,928	13,928	-
Increase in accounts payable	97,979	97,979	-	97,979	97,979	-
Increase in accrued liabilities	291,175	291,175	-	291,175	291,175	-
Discount on short-term convertible debt	-128,463	-128,463	-	-128,463	-128,463	-
Change in fair value of derivative liability	287,162	287162	-	287,162	287,162	-
Net Cash Proceeds (Used) in Operating Activities	-3,725,446	-3,054,989	-670,457	-3,725,446	-3,054,989	-670,457
CASH FLOWS FROM INVESTING ACTIVITIES:
Investments in music rights and artists	-1,046,056	-	-1,046,056	-1,046,056	-	-1,046,056
Investments in movie rights and co-productions	-315,000	-	-315,000	-315,000	-	-315,000
Purchase of property and equipment	-9,412	-9,412	-	-9,412	-9,412	-
Net Cash Used In Investing Activities	-1,370,468	-9,412	-1,361,056	-1,370,468	-9,412	-1,361,056
CASH FLOWS FROM FINANCING ACTIVITIES:
Short term debt	1,667,664	1,552,664	115,000	1,667,664	1,552,664	115,000
Share capital	18,051	18,051	-	18,051	18,051	-
Additional paid in capital	3,474,970	1,558,457	1,916,513	3,474,970	1,558,457	1,916,513
Net Cash Provided by Financing Activities	5,160,685	3,129,172	2,031,513	5,160,685	3,129,172	2,031,513
Net (Decrease) Increase in Cash	$   64,771	$    64,771	$             -	$    64,771	$   64,771	$             -
Cash at Beginning of Period	$             -	$              -	$             -	$              -	$             -	$             -
Cash at End of Period	$    64,771	$    64,771	$             -	$    64,771	$   64,771	$             -
PRIMCO MANAGEMENT INC.
(A Development-Stage Company)
Consolidated Statements of Stockholders’ Deficit
(Restated)
	Preferred			Common				Additional Paid in			Accumulated	Total Stockholders'
	Number of Shares	Amount		Number of Shares		Amount		Capital			Deficit	Deficit
Balance on October 14, 2010 (Inception)	-	$         -		-		$            -		$                -			$                         -	$                     -
Balance at December 31, 2010	-	-		-		-		-			-	-
Issuance of stock for services	-	-		5,000,000		50		4,950			-	5,000
Net loss for the year ended December 31, 2012	-	-		-		-		-			-5,000	-5,000
Balance, December 31, 2012	-	-		5,000,000		50		4,950			-5,000	-5,000
Recapitalization	-	-		179,912,000		1,799		-11,708			-	-9,909
Issuance of stock in part consideration for purchase of Top Sail Productions, LLC	-	-		5,000,000		50		14,950			-	15,000
Issuance of stock for D&B Music acquisition	7,000,000	70		20,000,000		200		-357,111			-	-356,841
Issuance of stock to settle convertible debt, with interest	-	-		1,663,090,181		16,631		808,009			-	824,640
Gain on extinguishment of derivative liabilities (net)	-	-		-		-		2,551,111			-	2,551,111
Acquisition of ESMG, Inc.	-	-		-		-		-1,457,402			-	-1,457,402
Net loss for the year ended December 31, 2013	-	-		-		-		-			-3,493,029	-3,493,029
Balance, December 31, 2013	7,000,000		$    70		1,873,002,181		$    18,730		$1,746,083	($3,691,313)			($1,926,430)

Note_1_Nature_of_Business_and_1

Note 1 - Nature of Business and Summary of Significant Accounting Policies: Nature of Operations (Policies)	6 Months Ended
	Jun. 30, 2014
Policies	'
Nature of Operations	'
	Nature of operations
	The Company was incorporated on October 14, 2010 under the laws of the state of Delaware. The Company is a real estate management and property development company and, through its wholly-owned subsidiary, Top Sail Productions, LLC, produces and distributes recorded music and intends to co-produce for distribution lower budgeted motion pictures.
	In February, 2014 the Company expanded its operations to include the leasing and property management of facilities for the legal cultivation of medical cannabis, and the acquisition and/or entering into joint ventures with third parties involving the planning, staffing, management and operation of legalized medical marijuana dispensing and cultivation.

Note_1_Nature_of_Business_and_2

Note 1 - Nature of Business and Summary of Significant Accounting Policies: Mergers and Acquisitions (Policies)	6 Months Ended
	Jun. 30, 2014
Policies	'
Mergers and Acquisitions	'
	Mergers and Acquisitions
	Effective January 31, 2013, the Company executed a reverse merger with ESMG, Inc. by entering into a stock purchase agreement whereby the Company acquired all of the issued and outstanding stock of ESMG, Inc. as well as the assets, contracts and obligations of ESMG Inc. existing as of that date, through a cashless exchange of stock. ESMG Inc., which was formed in the state of Nevada on October 9, 2012, is a formative multi-media entertainment enterprise with an active music production and distribution division, as well as having a business plan to launch a motion picture and TV production and distribution division; a radio content syndication division and an on-line interactive sports division. Accordingly, as of January 31, 2013, through the acquisition of ESMG Inc., the Company expanded its operations to include entertainment in addition to continuing to offer real estate management and development services.
	On May 30, 2013, the Company completed and funded the acquisition of Top Sail Productions, “Top Sail” a music production company and record label with a multi-year US distribution agreement through WEA, a Warner Music Group Company.  The Company purchased Top Sail from Chuck Gullo, the principal of Top Sail, who will continue as Senior Executive Consultant to assist in the operation of Top Sail and other entertainment entities owned by the Company.  The Company purchased the membership interests in Top Sail for a total of $440,000.  The initial payment was $75,000 and $15,000 worth of the Company’s 5,000,000 restricted common shares. The remaining $350,000 is being paid in installments until June 30, 2016 pursuant to a three year consulting agreement with Mr. Gullo.
	On June 1, 2013 the board of directors entered into an Amendment and Plan of Reorganization with D & B Music, Inc. (previously known as D & B Records, Inc.) a Delaware corporation, in which D & B Music, Inc. merged with and into the Company whereby the Company was the only surviving entity. D & B Music, Inc. has a music catalog of 41 titles. The consideration paid by the company was the assumption by the Company of a promissory note for $242,000 due Pegasus Group, Inc. together with accrued and unpaid interest thereon of $114, 841 and the issuance of 7,000,000 of the Company’s Series A preferred stock and 20,000,000 of the Company’s common stock to the sole shareholder, David Michery, who is the CEO and director of the Company.

Note_1_Nature_of_Business_and_3

Note 1 - Nature of Business and Summary of Significant Accounting Policies: Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2014
Policies	'
Basis of Presentation	'
	Basis of presentation
	The Company’s consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”).
	The accompanying unaudited quarterly financial statements have been prepared on a basis consistent with generally accepted accounting principles in the United States (“GAAP”) for interim financial information and pursuant to the rules of the Securities and Exchange Commission (“SEC”). In the opinion of management, the accompanying unaudited financial statements reflect all adjustments, consisting of only normal and recurring adjustments, necessary for a fair presentation of the results of operations, financial position and cash flows for the periods presented.  The results of operations for the periods are not necessarily indicative of the results expected for the full year or any future period.  These statements should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2013 as filed with the SEC on April 15, 2014 (the “2013 Annual Report”).

Note_1_Nature_of_Business_and_4

Note 1 - Nature of Business and Summary of Significant Accounting Policies: Development Stage Enterprise (Policies)	6 Months Ended
	Jun. 30, 2014
Policies	'
Development Stage Enterprise	'
	Development stage enterprise
	The Company is currently a development stage enterprise reporting under the provisions of FASB ASC Topic 915, Development Stage Entity. The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America.

Note_1_Nature_of_Business_and_5

Note 1 - Nature of Business and Summary of Significant Accounting Policies: Use of Estimates (Policies)	6 Months Ended
	Jun. 30, 2014
Policies	'
Use of Estimates	'
	Use of estimates
	The preparation of the accompanying financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that directly affect the results of reported assets, liabilities, revenue, and expenses. Actual results may differ from these estimates.

Note_1_Nature_of_Business_and_6

Note 1 - Nature of Business and Summary of Significant Accounting Policies: Revenue Recognition (Policies)	6 Months Ended
	Jun. 30, 2014
Policies	'
Revenue Recognition	'
	Revenue recognition
	The Company follows paragraph 605-10-S99-1 of the FASB Accounting Standards Codification for revenue recognition.  The Company will recognize revenue when it is realized or realizable and earned.  The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the product has been shipped or the services have been rendered to the customer, (iii) the sales price is fixed or determinable, and (iv) collectability is reasonably assured.

Note_1_Nature_of_Business_and_7

Note 1 - Nature of Business and Summary of Significant Accounting Policies: Research and Development (Policies)	6 Months Ended
	Jun. 30, 2014
Policies	'
Research and Development	'
	Research and development
	The Company records research and development expense as incurred.

Note_1_Nature_of_Business_and_8

Note 1 - Nature of Business and Summary of Significant Accounting Policies: Net Loss Per Common Share (Policies)	6 Months Ended
	Jun. 30, 2014
Policies	'
Net Loss Per Common Share	'
	Net loss per common share
	The Company adopted FASB ASC Topic 260, Earnings Per Share. Basic earnings per share is based on the weighted effect of all common shares issued and outstanding and is calculated by dividing net income (loss) available to common stockholders by the weighted average shares outstanding during the period. Diluted earnings per share is calculated by dividing net income available to common stockholders by the weighted average number of common shares used in the basic earnings per share calculation plus the number of common shares, if any, that would be issued assuming conversion of all potentially dilutive securities outstanding. For all periods diluted earnings per share is not presented, as potentially issuable securities are anti-dilutive.
	There are 1,339,288,217 potentially dilutive shares of common stock outstanding as of June 30, 2014 which derive from our outstanding convertible promissory notes.

Note_1_Nature_of_Business_and_9

Note 1 - Nature of Business and Summary of Significant Accounting Policies: Income Taxes (Policies)	6 Months Ended
	Jun. 30, 2014
Policies	'
Income Taxes	'
	Income taxes
	Income tax expense is based on pretax financial accounting income. Deferred tax assets and liabilities are recognized for the expected tax consequences of temporary differences between the tax bases of assets and liabilities and their reported amounts. Financial Accounting Standards Board Accounting Standards Codification ASC 740, “ Income Tax ,” requires the recognition of the impact of a tax position in the financial statements only if that position is more likely than not of being sustained on a tax return upon examination by the relevant taxing authority, based on the technical merits of the position.
	At June 30, 2014 and December 31, 2013, the Company had no unrecognized tax benefits. The Company recognizes interest and penalties related to income tax matters in interest expense and operating expenses, respectively. As of June 30, 2014 and December 31, 2013, the Company had no accrued interest or penalties related to uncertain tax positions.

Recovered_Sheet1

Note 1 - Nature of Business and Summary of Significant Accounting Policies: Concentration of Cash (Policies)	6 Months Ended
	Jun. 30, 2014
Policies	'
Concentration of Cash	'
	Concentration of cash
	The Company maintains cash balances at a bank where amounts on deposit may exceed $250,000 throughout the year.  Accounts at the institution are insured by the Federal Deposit Insurance Corporation up to $250,000.  The Company has not experienced losses in such accounts and believes it is not exposed to any significant credit risk on cash.

Recovered_Sheet2

Note 1 - Nature of Business and Summary of Significant Accounting Policies: Recent Accounting Pronouncements (Policies)	6 Months Ended
	Jun. 30, 2014
Policies	'
Recent Accounting Pronouncements	'
	Recent accounting pronouncements
	The Company does not believe recently issued accounting pronouncements will have any material impact on its financial position, results of operations or cash flows.

Note_7_Fixed_Assets_Property_E1

Note 7 - Fixed Assets: Property & Equipment: Property, Plant and Equipment, Schedule of Significant Acquisitions and Disposals (Tables)	6 Months Ended
	Jun. 30, 2014
Tables/Schedules	'
Property, Plant and Equipment, Schedule of Significant Acquisitions and Disposals	'
		30-Jun-14	31-Dec-13
	Property and equipment, net	$9,412	$9,412
	Less: accumulated depreciation	2,985	1,527
	Property and equipment, net	$6,427	$7,885

Note_8_Accrued_Liabilities_Sch

Note 8 - Accrued Liabilities: Schedule of Accounts Payable and Accrued Liabilities (Tables)	6 Months Ended
	Jun. 30, 2014
Tables/Schedules	'
Schedule of Accounts Payable and Accrued Liabilities	'
		30-Jun-13	31-Dec-13
	Accrued interest: D & B Music, Inc. (See Note 6)	$      150,828	$    134,805
	Other accrued interest on short-term debt	86,063	40,658
	Accrued management compensation due CEO and CFO	121,384	125,712
	Total accrued liabilities	$       358,275	$   301,175

Note_11_Short_Term_Debt_Schedu

Note 11 - Short Term Debt: Schedule of Short-term Debt (Tables)	6 Months Ended
	Jun. 30, 2014
Tables/Schedules	'
Schedule of Short-term Debt	'
		30-Jun-14	31-Dec-13
	Balance of Promissory Note due GGAG, Inc.	$150,000	$200,000
	Balance of Promissory Note due Pegasus Group, Inc.	195,485	228,000
	Promissory Note due Southridge Partners II, LLC	20,000	100,000
	Balance of  Promissory Note due Gorilla Pictures	265,000	265,000
	Total Notes Due	$630,485	$793,000

Note_12_Shortterm_Convertible_1

Note 12 - Short-term Convertible Debt and Derivative Liability: Short -term convertible debt (Tables)	6 Months Ended
	Jun. 30, 2014
Tables/Schedules	'
Short -term convertible debt	'
	Convertible Debt Due	Original Principal	Reduction through conversion to stock as of June 30, 2014	Reduction through cash payment as of June 30, 2014	Balance at June 30, 2014	Balance at December 31, 2013
	Asher Enterprises, Inc.	$220,500	($120,500)	($100,000)	$            -	$125,000
	Magna Group, Inc./ Hanover Holdings	272,500	-241,750	-	30,750	45,000
	Redwood Management, LLC	200,000	-200,000	-	-	-
	Redwood Fund II, LLC	150,000	-69,689	-	80,311	119,664
	WHC Capital, LLC	800,000	-319,744	-100,000	380,256	500,000
	LG Capital	150,000	-	-	150,000	-
	Elegant Funding	20,000	-	-	20,000	-
	Fourth Street Fund LP	50,000	-10,000	-	40,000	50,000
	SFH Capital, LLC	50,000	-	-	50,000	-
	Inter-Mountain Corp.	500,000	-	-	500,000	-
	Adar Bay, LLC	75,000	-	-	75,000	-
	Less: Discounts	-	-	-	-	-128,463
	Total	$2,488,000	($961,683)	($200,000)	$1,326,317	$711,201

Note_12_Shortterm_Convertible_2

Note 12 - Short-term Convertible Debt and Derivative Liability: Derivative liability (Tables)	6 Months Ended
	Jun. 30, 2014
Tables/Schedules	'
Derivative liability	'
		30-Jun-14	31-Dec-13
	Magna Group, Inc.	$   2,559	$  45,166
	Redwood Fund II, LLC	240,381	145,773
	Southridge Partners II, LLC	-	25,998
	WHC Capital, LLC	702,209	70,134
	LG Capital	294,638	-
	Elegant Funding	3,839	-
	Fourth Street Funding	13,210	-
	Inter-Mountain Capital Corp.	1,725,605	-
	Adar Bays, LLC	113,343	-
	SFH Capital, LLC	84,560	-
	Total convertible notes	$3,180,344	$287,071

Note_15_Restatement_of_June_301

Note 15 - Restatement of June 30, 2014 Financial Statements: Consolidated June Balance Sheets (Tables)	6 Months Ended
	Jun. 30, 2014
Tables/Schedules	'
Consolidated June Balance Sheets	'
	CONSOLIDATED BALANCE SHEETS
		As of June 30, 2014
		Originally
		Report	Restated	Difference
	ASSETS
	Current Assets:
	Cash and cash equivalents	$  458,072	$  458,072	$           -
	Accounts receivable, net	20,135	32,633	12,498
	Inventory, net	70,528	70,528	-
	Advances to related party	71,130	71,130	-
	Prepaids	-	-	-
	Total Current Assets	619,865	632,363	12,498
	Property and equipment, net	6,427	6,427	-
	Other Assets:
	Investment in Suzie Q's NPO	11,076	11,076	-
	Deposits	5,100	5,100	-
	Total Other Assets	16,176	16,176	-
	Total Assets	$  642,468	$   654,966	$  12,498
	LIABILITIES AND STOCKHOLDERS' EQUITY
	Current Liabilities:
	Accounts payable	$    92,979	$     92,979	$            -
	Accrued liabilities	358,275	358,275	-
	Due to related party	19,348	19,348	-
	Short-term notes payable	630,485	630,485	-
	Short-term convertible notes payable, net of discounts	1,326,317	1,326,317	-
	Derivative liability	3,180,344	3,180,344	-
	Total Current Liabilities	5,607,748	5,607,748	-
	Total Liabilities	5,607,748	5,607,748	-
	Stockholders' Equity:
	Preferred Stock, $0.00001 par value, 10,000,000 shares authorized,
	7,000,000 shares issued and outstanding, respectively	70	70	-
	Common Stock, $0.00001 par value, 4,990,000,000 shares authorized
	4,979,119,725 and 1,873,002,181 shares issued and outstanding, respectively	49,791	49,791	-
	Stock subscription payable	354,362	354,362	-
	Additional paid in capital	1,942,818	1,942,818	-
	Accumulated deficit during development stage	-7,312,321	-7,299,823	12,498
	Total Stockholders' Equity (Deficit)	-4,965,280	-4,952,782	12,498
	Total Liabilities and Stockholders' Equity	$   642,468	$   654,966	$12,498
	The accompanying notes are an integral part of these unaudited financial statements.

Note_15_Restatement_of_June_302

Note 15 - Restatement of June 30, 2014 Financial Statements: Restated June 30, 2014 Statement of Operations (Tables)	6 Months Ended
	Jun. 30, 2014
Tables/Schedules	'
Restated June 30, 2014 Statement of Operations	'
	(Unaudited)
		For the Six Months Ended June 30, 2014
		Originally
		Reported	Restated	Difference
	Revenues	$                   21,155	$                   57,114	$            35,959
	Costs of revenues	592	24,053	23,461
	Gross Margin	20,563	33,061	12,498
	Operating Expenses:
	Consulting	199,930	199,930	-
	General and administrative	182,425	182,425	-
	Management salaries	120,000	120,000	-
	Professional fees	41,620	41,620	-
	Total Operating Expenses	543,975	543,975	-
	Loss from Operations	-523,412	-510,914	12,498
	Other Expenses:
	Interest expense	61,651	61,651	-
	Interest expense - derivative	3,035,945	3,035,945	-
	Total Other Expense	3,097,596	3,097,596	-
	Net Loss Before Income Taxes	-3,621,008	-3,608,510	12,498
	Provision for Income Taxes	-	-	-
	Net Loss	$            (3,621,008)	$            (3,608,510)	$            12,498
	Net Loss per Share - Basic and Diluted	$                     (0.00)	$                     (0.00)	$                    -
	Weighted average number of shares
	outstanding - Basic and Diluted	3,897,081,523	3,897,081,523	-

Note_15_Restatement_of_June_303

Note 15 - Restatement of June 30, 2014 Financial Statements: Restated June 30, 2014 Statement of Cash Flows (Tables)	6 Months Ended
	Jun. 30, 2014
Tables/Schedules	'
Restated June 30, 2014 Statement of Cash Flows	'
	(Unaudited)
		For the Six Months Ended June 30, 2014
		Originally
		Reported	Restated	Difference
	CASH FLOWS FROM OPERATING ACTIVITIES:
	Net Income (Loss) for the Period	($3,621,008)	($3,608,510)	$  12,498
	Adjustments to reconcile net loss to net cash
	provided by operating activities:
	Common stock issued for services	-	-	-
	Depreciation and amortization	1,458	1,458	-
	Interest expense- derivative	2,893,273	2,893,273	-
	Changes in Operating Assets and Liabilities
	Decrease (Increase) in accounts receivables	5,891	-6,607	-12,498
	Increase in inventory	-	-	-
	Decrease (Increase) in deposits	3,614	3,614	-
	Increase in advances to related party	-99,665	-99,665	-
	Increase (decrease) in accounts payable	-5,000	-5,000	-
	Increase in accrued liabilities	76,448	76,448	-
	Discount on short-term convertible debt	-	-	-
	Net Cash Proceeds (Used) in Operating Activities	-744,989	-744,989	-
	CASH FLOWS FROM INVESTING ACTIVITIES:
	Purchase of equipment and furniture	-	-	-
	Investment in Suzie Q's NPO	-11,073	-11,073	-
	Net Cash Used In Investing Activities	-11,073	-11,073	-
	CASH FLOWS FROM FINANCING ACTIVITIES:
	Proceeds from convertible notes payable	795,000	795,000	-
	Proceeds from sale of stock	354,363	354,363	-
	Additional paid in capital	-	-	-
	Net Cash Provided by Financing Activities	1,149,363	1,149,363	-
	Net (Decrease) Increase in Cash	393,301	393,301	-
	Cash at Beginning of Period	64,771	64,771	-
	Cash at End of Period	$   458,072	$     458,072	-
	SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
	Cash paid during period:
	Interest	$              -	$                -	$              -
	Franchise and Income Taxes	$              -	$                -	$              -
	NON-CASH INVESTING AND FINANCING ACTIVITIES:
	Issuance of short term note payable to purchase intellectual property
	rights: Music	$            -	$             -	$            -
	Issuance of short term note payable to purchase intellectual property
	rights: Motion Picture	$            -	$             -	$            -
	Issuance of short term note payable by Southridge for S-1 legal fees	$   20,000	$    20,000	$            -

Note_16_Restatement_of_Decembe1

Note 16 - Restatement of December 31, 2013 Financial Statements: Restated Balance Sheets (Tables)	6 Months Ended
	Jun. 30, 2014
Tables/Schedules	'
Restated Balance Sheets	'
	PRIMCO MANAGEMENT INC.
	(A Development Stage Company)
	CONSOLIDATED BALANCE SHEETS
		31-Dec-13
		Originally
		Reported	Restated	Difference
	ASSETS
	Current Assets:
	Cash and cash equivalents	$    64,771	$   64,771	$                -
	Accounts receivable, net	26,026	26,026	-
	Inventory, net	70,528	70,528	-
	Advances to related party	-	-	-
	Intellectual property rights: Music, net of impairment	688,945	-	688,945
	Intellectual property rights: Motion Picture	315,000	-	315,000
	Prepaids	135,000	20,000	115,000
	Total Current Assets	1,300,270	181,325	1,118,945
	Property and equipment, net	7,885	7,885	-
	Other Assets:
	Music catalog	357,111	-	357,111
	Lease deposit	8,714	8,714	-
	Total Other Assets	365,825	8,714	357,111
	Total Assets	$1,673,980	$  197,924	$  1,476,056
	LIABILITIES AND STOCKHOLDERS' EQUITY
	Current Liabilities:
	Accounts payable	$    97,979	$   97,979	$             -
	Accrued liabilities	301,175	301,175	-
	Due to related party	13,928	13,928	-
	Short-term notes payable	793,000	713,000	80,000
	Short-term convertible notes payable, net of discounts	746,201	711,201	35,000
	Derivative liability	287,071	287,071	-
	Total Current Liabilities	2,239,354	2,124,354	115,000
	Total Liabilities	2,239,354	2,124,354	115,000
	Continued on next page
	PRIMCO MANAGEMENT INC.
	(A Development Stage Company)
	CONSOLIDATED BALANCE SHEETS
	Continued from previous page
	Stockholders' Equity:
	Preferred Stock, $0.00001 par value, 10,000,000 shares authorized,
	7,000,000 shares issued and outstanding, respectively	70	70	-
	Common Stock, $0.00001 par value, 4,990,000,000 shares authorized
	4,979,119,725 and 1,983,002,181 shares issued and outstanding, respectively	19,830	18,730	1,100
	Stock subscription payable	-	-	-
	Additional paid in capital	3,661,496	1,746,083	1,915,413
	Accumulated deficit during development stage	-4,246,770	-3,691,313	-555,457
	Total Stockholders' Equity (Deficit)	-565,374	-1,926,430	1,361,056
	Total Liabilities and Stockholders' Equity	$   1,673,980	$     197,924	$   1,476,056

Note_16_Restatement_of_Decembe2

Note 16 - Restatement of December 31, 2013 Financial Statements: Restated Statements of Operations (Tables)	6 Months Ended
	Jun. 30, 2014
Tables/Schedules	'
Restated Statements of Operations	'
		For the Year ended			From Inception (Oct 14, 2010)
		31-Dec-13			through December 31, 2013
		Originally			Originally
		Reported	Restated	Difference	Reported	Restated	Difference
	Revenues	$        72,116	$    72,116	$            -	$   72,116	$    72,116	$           -
	Costs of services	44,123	44,123	-	44,123	44,123	-
	Gross Margin	27,993	27,993	-	27,993	27,993	-
	Operating Expenses:
	General and administrative	805,121	703,121	102,000	810,121	708,121	102,000
	Reserve for losses on artists contracts	453,457	-	453,457	453,457	-	453,457
	Total Operating Expenses	1,258,578	703,121	555,457	1,263,578	708,121	555,457
	Loss from Operations	-1,230,585	-675,128	-555,457	-1,235,585	-680,128	555,457
	Other Expenses:
	Interest expense	888,286	888,286	-	888,286	888,286	-
	Interest expense - derivative	1,891,115	1,891,115	-	1,891,115	1,891,115	-
	Provision for loss on property develop	38,500	38,500	-	38,500	38,500	-
	Total Other Expense	2,817,901	2,817,901	-	2,817,901	2,817,901	-
	Net Loss Before Income Taxes	-4,048,486	-3,493,029	-555,457	-4,053,486	-3,498,029	-555,457
	Provision for Income Taxes	-	-	-	-	-	-
	Net Loss	($4,048,486)	($3,493,029)	($555,457)	($4,053,486)	($3,498,029)	($555,457)
	Net Loss per Share - Basic and Diluted	$         (0.00)	$         (0.00)	$      (0.01)
	Weighted average number of shares
	outstanding - Basic and Diluted	1,983,002,181	1,881,476,718	101,525,463

Note_16_Restatement_of_Decembe3

Note 16 - Restatement of December 31, 2013 Financial Statements: Consolidated Statements of Cash Flows (Tables)	6 Months Ended
	Jun. 30, 2014
Tables/Schedules	'
Consolidated Statements of Cash Flows	'
		For the Year Ended			From Inception (Oct 14, 2010)
		31-Dec-13			through December 31, 2013
		Originally			Originally
		Reported	Restated	Difference	Reported	Restated	Difference
	CASH FLOWS FROM OPERATING ACTIVITIES:
	Net Income (Loss) for the Period	-4,048,486	-3,493,029	-555,457	-4,053,486	-3,498,029	-555,457
	Adjustments to reconcile net loss to net cash			-
	provided by operating activities:			-
	Common stock issued for services	-	-	-	5,000	5,000	-
	Depreciation and amortization	1,527	1,527	-	1,527	1,527	-
	Changes in Operating Assets and Liabilities
	Decrease (Increase) in accounts receivables	-26,026	-26,026	-	-26,026	-26,026	-
	Increase in inventory	-70,528	-70,528	-	-70,528	-70,528	-
	Increase in prepaid expenses	-143,714	-28,714	-115,000	-143,714	-28,714	-115,000
	Increase in advances to related party	13,928	13,928	-	13,928	13,928	-
	Increase in accounts payable	97,979	97,979	-	97,979	97,979	-
	Increase in accrued liabilities	291,175	291,175	-	291,175	291,175	-
	Discount on short-term convertible debt	-128,463	-128,463	-	-128,463	-128,463	-
	Change in fair value of derivative liability	287,162	287162	-	287,162	287,162	-
	Net Cash Proceeds (Used) in Operating Activities	-3,725,446	-3,054,989	-670,457	-3,725,446	-3,054,989	-670,457
	CASH FLOWS FROM INVESTING ACTIVITIES:
	Investments in music rights and artists	-1,046,056	-	-1,046,056	-1,046,056	-	-1,046,056
	Investments in movie rights and co-productions	-315,000	-	-315,000	-315,000	-	-315,000
	Purchase of property and equipment	-9,412	-9,412	-	-9,412	-9,412	-
	Net Cash Used In Investing Activities	-1,370,468	-9,412	-1,361,056	-1,370,468	-9,412	-1,361,056
	CASH FLOWS FROM FINANCING ACTIVITIES:
	Short term debt	1,667,664	1,552,664	115,000	1,667,664	1,552,664	115,000
	Share capital	18,051	18,051	-	18,051	18,051	-
	Additional paid in capital	3,474,970	1,558,457	1,916,513	3,474,970	1,558,457	1,916,513
	Net Cash Provided by Financing Activities	5,160,685	3,129,172	2,031,513	5,160,685	3,129,172	2,031,513
	Net (Decrease) Increase in Cash	$   64,771	$    64,771	$             -	$    64,771	$   64,771	$             -
	Cash at Beginning of Period	$             -	$              -	$             -	$              -	$             -	$             -
	Cash at End of Period	$    64,771	$    64,771	$             -	$    64,771	$   64,771	$             -
	PRIMCO MANAGEMENT INC.
	(A Development-Stage Company)
	Consolidated Statements of Stockholders’ Deficit
	(Restated)
		Preferred			Common				Additional Paid in			Accumulated	Total Stockholders'
		Number of Shares	Amount		Number of Shares		Amount		Capital			Deficit	Deficit
	Balance on October 14, 2010 (Inception)	-	$         -		-		$            -		$                -			$                         -	$                     -
	Balance at December 31, 2010	-	-		-		-		-			-	-
	Issuance of stock for services	-	-		5,000,000		50		4,950			-	5,000
	Net loss for the year ended December 31, 2012	-	-		-		-		-			-5,000	-5,000
	Balance, December 31, 2012	-	-		5,000,000		50		4,950			-5,000	-5,000
	Recapitalization	-	-		179,912,000		1,799		-11,708			-	-9,909
	Issuance of stock in part consideration for purchase of Top Sail Productions, LLC	-	-		5,000,000		50		14,950			-	15,000
	Issuance of stock for D&B Music acquisition	7,000,000	70		20,000,000		200		-357,111			-	-356,841
	Issuance of stock to settle convertible debt, with interest	-	-		1,663,090,181		16,631		808,009			-	824,640
	Gain on extinguishment of derivative liabilities (net)	-	-		-		-		2,551,111			-	2,551,111
	Acquisition of ESMG, Inc.	-	-		-		-		-1,457,402			-	-1,457,402
	Net loss for the year ended December 31, 2013	-	-		-		-		-			-3,493,029	-3,493,029
	Balance, December 31, 2013	7,000,000		$    70		1,873,002,181		$    18,730		$1,746,083	($3,691,313)			($1,926,430)

Recovered_Sheet3

Note 1 - Nature of Business and Summary of Significant Accounting Policies: Mergers and Acquisitions (Details) (USD $)	Jun. 01, 2013	30-May-13
Details	'	'
Membership interests in Top Sail purchased	'	$440,000
Promissory note due Pegasus Group, Inc	$242,000	'

Note_4_Acquisition_of_Db_Music1

Note 4 - Acquisition of D&b Music Inc. & Top Sail Productions, Llc (Details) (USD $)	Jun. 30, 2013	30-May-13
Details	'	'
Liabilities assumed	$357,111	'
Membership interests in Top Sail purchased	'	$440,000

Note_5_Accounts_Receivable_and1

Note 5 - Accounts Receivable and Inventory (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Details	'	'
Accounts receivable balances	$20,135	$0
Reserve for defective CDs	3,729	'
Net inventory balances	$70,528	'

Note_6_Prepaid_Expenses_Detail

Note 6 - Prepaid Expenses (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013	Sep. 30, 2013
Details	'	'	'
Prepaids	$0	$20,000	$135,000

Note_7_Fixed_Assets_Property_E2

Note 7 - Fixed Assets: Property & Equipment: Property, Plant and Equipment, Schedule of Significant Acquisitions and Disposals (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Details	'	'
Property and equipment, net	$9,412	$9,412
Property, Plant and Equipment, Other, Accumulated Depreciation	2,985	1,527
Property and equipment, net	$6,427	$7,885

Note_7_Fixed_Assets_Property_E3

Note 7 - Fixed Assets: Property & Equipment (Details) (USD $)	Jun. 30, 2014	Jun. 30, 2013
Details	'	'
Depreciation expense	$1,458	$0

Note_8_Accrued_Liabilities_Sch1

Note 8 - Accrued Liabilities: Schedule of Accounts Payable and Accrued Liabilities (Details) (USD $)	Dec. 31, 2013	Jun. 30, 2013
Details	'	'
Accrued interest: D & B Music, Inc. (See Note 6)	$134,805	$150,828
Other accrued interest on short-term debt	40,658	86,063
Accrued management compensation due CEO and CFO	125,712	121,384
Total accrued liabilities	$301,175	$358,275

Note_8_Accrued_Liabilities_Det

Note 8 - Accrued Liabilities (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Details	'	'
David Michery accrued salary liability	$91,980	$83,808
Alan Bailey accrued salary liability	$29,404	$41,904

Note_10_Related_Party_Transact1

Note 10 - Related Party Transactions (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Details	'	'
Due to related party	$19,348	$13,928
David Michery accrued salary liability	91,980	83,808
Alan Bailey accrued salary liability	$29,404	$41,904

Note_11_Short_Term_Debt_Detail

Note 11 - Short Term Debt (Details)	Jun. 30, 2014
Details	'
Shares issued upon conversion of promissory note to Magna Funds LLC	909,545,456
Shares issued upon conversion of debenture to Magna Funds LLC	87,578,384
Conversion of debt purchase agreement with Sherry Harden	100,000,000
Conversion of debt purchase agreement with SFH Capital, LLC	100,000,000
Conversion of debt purchase agreement with SFH Capital, LLC2	125,000,000
Conversion of debt purchase agreement with SFH Capital, LLC3	225,000,000

Note_11_Short_Term_Debt_Schedu1

Note 11 - Short Term Debt: Schedule of Short-term Debt (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Details	'	'
Balance of Promissory Note due GGAG, Inc.	$150,000	$200,000
Balance of Promissory Note due Pegasus Group, Inc.	195,485	228,000
Promissory Note due Southridge Partners II, LLC	20,000	100,000
Balance of Promissory Note due Gorilla Pictures	265,000	265,000
Total Notes Due	$630,485	$793,000

Note_12_Shortterm_Convertible_3

Note 12 - Short-term Convertible Debt and Derivative Liability (Details) (USD $)	Jun. 30, 2014
Details	'
Value funded by Inter-Mountain Capital Corp	$500,000

Note_12_Shortterm_Convertible_4

Note 12 - Short-term Convertible Debt and Derivative Liability: Derivative liability (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Details	'	'
Magna Group, Inc.	$2,559	$45,166
Redwood Fund II, LLC	240,381	145,773
Southridge Partners II, LLC	'	25,998
WHC Capital, LLC	702,209	70,134
LG Capital	294,638	'
Elegant Funding	3,839	'
Fourth Street Funding	13,210	'
Inter-Mountain Capital Corp.	1,725,605	'
Adar Bays, LLC	113,343	'
SFH Capital, LLC	84,560	'
Total convertible notes	$3,180,344	$287,071

Note_13_Stockholders_Equity_De

Note 13 - Stockholders Equity (Details)	12 Months Ended
	Dec. 31, 2013	Jun. 30, 2014	Mar. 31, 2014
Details	'	'	'
Preferred Stock, Shares Authorized	'	'	10,000,000
Preferred Stock, Shares Outstanding	'	7,000,000	'
Common Stock, Shares Authorized	'	'	1,990,000,000
Common stock issued for acquisitions	1,798,090,181	'	'

Note_14_Subsequent_Events_Deta

Note 14 - Subsequent Events (Details) (USD $)	Jul. 22, 2014
Details	'
Value paid for purchase of Suzie Q's NPO	$20,000